Retail Sales


  • BET's Johnson 'Drives' Into New Business (Cars) Friday, 28 Sep 2007 | 8:52 AM ET

    The founder of BET, Robert L. Johnson, just announced he's going into a new business--one that has very little to do with his media background. He's going to be buying and operating car dealerships in the southern and midwest regions of the country, partnering with the McLarty-Landers Automotive Group.

  • German Retail Sales Decline Friday, 28 Sep 2007 | 3:33 AM ET

    German retail sales including vehicles and gas stations fell by 0.1% on the month in August in real and seasonally adjusted terms, preliminary Bundesbank data showed on Friday.

  • DigitalLife: Some Really Cool Gadgets Here Thursday, 27 Sep 2007 | 1:23 PM ET
    Spykee Robot

    It's a consumer electronics invasion here at the Javitz convention center in New York City. 50,000 consumers will attend what's being billed as the biggest electronic expo FOR shoppers. Unlike the massive Consumer Electronics Show in Las Vegas, open only to the industry, everyone is welcome at DigitalLife.

  • Euro Zone Retail Growth Slowed in September: PMI Thursday, 27 Sep 2007 | 5:56 AM ET

    Retail sales growth in the euro region slowed in September, a survey of around 1,000 retail executives showed on Thursday.

  • Bed Bath & Beyond Earnings Rise To $147 Million Wednesday, 26 Sep 2007 | 5:08 PM ET

    Bed Bath & Beyond posted a higher second-quarter profit on Wednesday, citing increased sales and a one-time tax benefit.

  • EyeBlack Out To Give Business A "Black Eye" Wednesday, 26 Sep 2007 | 2:54 PM ET

    Just when you thought that all the advertising space was occupied on the field, here comes the folks from EyeBlack.com. The company will sell millions of pairs of EyeBlack--yes, the stuff that's supposedly used to cut down on glare--with college and high school logos on it this year.

  • Starbucks' Free Music: Will Customers Get The Vibe? Wednesday, 26 Sep 2007 | 1:12 PM ET

    For someone used to forking over more than $5 bucks a cup to get her daily dose of caffeine at Starbucks, the idea of getting anything free or affordable at the world's largest coffee retailer is exciting.

  • Timberland to Shutter Almost 40 Stores, Take Charge Wednesday, 26 Sep 2007 | 11:02 AM ET

    Bootmaker Timberland said Wednesday it would close nearly 40 specialty retail shops across the globe and take a $17 million charge amid declining sales.

  • H&M Third-Quarter Profit Misses Expectations Wednesday, 26 Sep 2007 | 4:31 AM ET

    Swedish fashion giant Hennes & Mauritz posted below-consensus third-quarter pretax profit on Wednesday due to weaker revenues than expected, but the company said sales in the fourth quarter had developed well.

  • Reliance Lays Off 1,000 as Retail Venture Stumbles Wednesday, 26 Sep 2007 | 1:45 AM ET

    Reliance, India's biggest private company, is laying off 1,000 staff in India's most populous state after failed attempts to reopen Western-style supermarkets, which closed after protests from small traders.

  • Three Months ‘Til Christmas Tuesday, 25 Sep 2007 | 9:13 PM ET

    Holiday sales could be as weak as they were during the recession of 2002, according to a CNBC snap survey. It’s too early to shop, but it isn’t too early to trade the Christmas season. Who will be the Christmas winners amid such dismal forecasts?

  • Australia's David Jones Year Profit Jumps 35% Tuesday, 25 Sep 2007 | 7:45 PM ET

    Upmarket Australian retailer David Jones said on Wednesday its full-year profit climbed 35% on strong winter sales, and confirmed its outlook for an 8% -13% rise in profit in the current year.

  • Credit Crisis: Causing Concern For Consumers? Tuesday, 25 Sep 2007 | 3:11 PM ET

    Consumer crisis or not, we're three months and counting until Christmas. Americans will still shop for the holidays but the question is just where they'll buy and how much they'll pay for this year's presents. Will we have a merry or mediocre Christmas?

  • Retailers Hoping for a Green Christmas Tuesday, 25 Sep 2007 | 2:50 PM ET

    The latest CNBC Holiday Central survey shows most expect holiday spending to grow 1% to 3% this year, the the smallest annual increase since 2002.

  • Facebook: Is It Really Worth Microsoft's Offer? Tuesday, 25 Sep 2007 | 1:38 PM ET

    Rumors are flying about Microsoft's interest in investing in a 5% stake in Facebook--a stake that would value the social networking upstart at some $10 billion dollars. Viacom and Yahoo  have both made bids for the company, Google is reportedly interested (though co-founder Sergey Brin told me back in July that they weren't pursuing Facebook) and now Microsoft's offer is shaping up.

  • Best Buy Isn't Making Excuses Tuesday, 25 Sep 2007 | 11:16 AM ET

    While its competitors whine about a weak American consumer, this electronics retailer is taking steps to expand its international footprint.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • CNBC Holiday Survey: Spending Expected to Slow Tuesday, 25 Sep 2007 | 11:02 AM ET
    Holiday Shopper at Walmart

    1st paragraph of story should go here

  • Target Lowers September Same-Store Sales Forecast Tuesday, 25 Sep 2007 | 6:12 AM ET

    Discount retailer Target warned on Monday that September sales at stores open at least a year would be well below its prior forecast due to weak customer traffic, particularly in Florida and the U.S. Northeast.

  • Halo 3: And The Hype Rolls On (And On) Monday, 24 Sep 2007 | 11:15 AM ET
    Halo 3

    I made the trek cross-country yesterday to front our exclusive Halo 3 release coverage from this Best Buy store at the corner of 44th and 5th Avenue in midtown Manhattan. This is one of 10,000 retailers nationwide that'll be hosting midnight-madness sales tonight to launch Halo 3 onto store shelves.

  • CBS And Moonves In Media Spotlight Friday, 21 Sep 2007 | 1:45 PM ET
    Les Moonves

    CBS CEO Les Moonves, wanting to dispel concerns that an economic slowdown would hurt ad sales, said that CBS ad sales are up 30% in the current scatter market, at Merrill Lynch's Media conference.